Derek Loane Motors Ltd

Reference number: 503555

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Appointed representative

This firm does not hold FCA authorisation of its own. It acts under a principal firm, which is legally responsible for its regulated business.

The FCA register does not name a principal for this firm.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Derek Loane Motors Ltd (FRN 503555) is listed as an appointed representative, but the register does not show its principal firm here. Find the principal on the FCA register before dealing with this firm.
  • Example: if you take financial advice from Derek Loane Motors, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
NI058436
Company status
Active
Company type
Private limited company
Incorporated
14 March 2006 (20 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Sale of other motor vehicles (SIC 45190)

Current directors and secretaries

Name Role Born Appointed
David Loane Director Dec 1971 14 Mar 2006
Derek Loane Director Aug 1945 14 Mar 2006
Eileen Loane Director Dec 1950 14 Mar 2006
David Loane Secretary Not published 14 Mar 2006

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Derek Loane Motors Ltd FCA authorised?
Derek Loane Motors Ltd (FRN 503555) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Derek Loane Motors?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Derek Loane Motors Ltd (FRN 503555) is listed as an appointed representative, but the register does not show its principal firm here. Find the principal on the FCA register before dealing with this firm. Example: if you take financial advice from Derek Loane Motors, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
Is my money safe with Derek Loane Motors?
Protection works through the principal firm responsible for Derek Loane Motors's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Derek Loane Motors a scam or clone?
Derek Loane Motors is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Derek Loane Motors's Firm Reference Number (FRN)?
Derek Loane Motors's FRN is 503555. You can verify it on the FCA register.